Cyber Risk Analyst Salary: Career and Compensation Insights

As a career in high demand, cyber risk analysts can expect a competitive salary. The national average salary for a cyber risk analyst in the United States is around $90,000 per year.

To give you a better idea of the salary range, a cyber risk analyst with 1-3 years of experience can earn between $60,000 and $80,000 per year. This number can vary depending on factors such as location and industry.

Cyber risk analysts can also expect a range of benefits, including health insurance, retirement plans, and paid time off. These benefits can add significant value to a cyber risk analyst's total compensation package.

A degree in a related field, such as computer science or information assurance, is often required for a cyber risk analyst position.

For your interest: Benefits of Risk Taking

Information security risk analysts can expect to make a significant income, with an average annual salary of $112,398 in the United States.

This is more than double the national average of $53,490, making it a highly sought-after career.

The salary for information risk analysts is substantial, reflecting the importance of their role in today's world.

Cyber security analysts, on the other hand, have a slightly lower average salary of $88,422 in the United States.

Their salaries can range from $66,000 to $117,000 per year, depending on various factors.

The average hourly rate for cyber security analysts is $42.51 per hour, which can add up quickly for those working full-time.

The salary for cyber security analysts is impacted by location, education, and experience, with some cities and states offering higher average salaries.

In fact, cyber security analysts earn the highest average salary in Oregon, making it a great place to pursue a career in this field.

To become a cyber risk analyst, you typically need a bachelor's degree in computer science, information security, or a related field. Some employers may not require a degree, but this is not common.

Entry-level information risk analysts can earn a certification like the Certified in Cybersecurity (CC) offered by ISC2, which is one of the few options available for those with little to no experience.

To increase your salary potential, it's essential to develop skills like exemplary communications to express technical risk to non-technical stakeholders and innovative analytical thinking with modern solutions for complex problems.

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To become an information risk analyst, you'll typically need a bachelor's degree in computer science, information security, or a related field. Having a degree in one of these fields will give you a solid foundation to start your career.

Some entry-level positions may not require a bachelor's degree, but these are less common. Most certifications for information risk analysts also require at least two years of paid work experience in the field.

One certification that can be earned at the entry-level job experience is the Certified in Cybersecurity, or CC, offered by ISC2. This certification can help you get started in your career and potentially increase your salary with experience and education.

Certifications like CISSP, CRM, and CISM can also add to your credentials and demonstrate your expertise in the field. These certifications require more experience and education, but they can be beneficial for advancing your career.

To increase your earnings potential as a cybersecurity risk analyst, you'll need to develop skills like exemplary communications to express technical risk to non-technical stakeholders and innovative analytical thinking with modern solutions for complex problems.

Explore further: What Is Cyber Insurance and Why Do You Need It

To be a successful cybersecurity risk analyst, you'll need to have the right technical skills. Technical competence is key to identifying and mitigating cybersecurity threats.

Using tools like Splunk, Nessus, and Metasploit is essential for performing risk assessments and identifying security gaps. These tools help you analyze and understand potential threats.

Experience in risk modeling frameworks, such as NIST and ISO 27001, is also crucial. These frameworks provide a structured approach to assessing and managing risk.

Here are some key technical skills you'll need to develop:

A cyber security analyst's salary can vary greatly depending on their level of experience and performance.

The 90th percentile for a cyber security analyst's salary is $117,000 per year, which translates to $9,750 per month and an hourly rate of $56.

The 75th percentile is lower, at $102,000 per year, with a monthly salary of $8,500 and an hourly rate of $49.

The average salary for a cyber security analyst is $88,422 per year, which works out to $7,369 per month and an hourly rate of $43.

In contrast, the 25th percentile is $76,000 per year, with a monthly salary of $6,333 and an hourly rate of $37.

The lowest paid cyber security analysts, in the 10th percentile, earn $66,000 per year, which is equivalent to $5,500 per month and an hourly rate of $32.

Here is a breakdown of the salary ranges for cyber security analysts:

In the United States, the salary for a cyber security analyst can vary greatly depending on the level of experience and location. According to recent job postings, the average salary for a cyber security analyst with a bachelor's degree and 2-5 years of experience can range from $60,400 to $105,100 per year.

The highest paying states for cyber security analysts are Nevada, Oregon, and Washington, with average salaries ranging from $94,512 to $101,353 per year. In contrast, states like Mississippi and Arkansas have lower average salaries, ranging from $79,865 to $78,180 per year.

Here are the top 5 highest paying states for cyber security analysts, along with their average salaries:

As you move up the career ladder to mid-level information risk analyst, your salary expectations should increase accordingly. The average salary for a mid-level information risk analyst is not explicitly stated, but we can infer that it's higher than the entry-level salary.

Mid-level information risk analysts typically have a bachelor's degree in a relevant field, such as computer science or information security. Earning a master's degree can also be beneficial, but it's not a requirement.

In terms of certifications, mid-level information risk analysts have more options than entry-level analysts. Some recommended certifications include the Certified Information Systems Security Professional (CISSP), Certified in the Governance of Enterprise IT (CGEIT), and Certified Information Systems Auditor (CISA).

To give you a better idea of the skills required for mid-level information risk analysts, here are some key areas of expertise:

Effective communication is also crucial for mid-level information risk analysts, as they need to convey complex security information to non-technical C-suite personnel.

Broaden your view: Information Security Risk Analyst

As you advance in your career, you'll have the opportunity to take on more senior roles, such as senior information risk analyst. Earning a master's degree in computer science, information security, or a related field can be beneficial, but it's not necessarily required.

Becoming a senior information risk analyst requires a strong foundation in information system knowledge and skills, which can be polished with certifications like CISM. This certification highlights your expertise and experience, making you a more competitive candidate.

In terms of salary, senior information risk analysts can expect a significant increase in pay. According to the article, the highest paying types of cyber security analysts include information security officer, information security manager, and information technology security manager.

Here are some of the highest paying types of cyber security analysts, along with their average annual salary:

These figures demonstrate the potential for significant salary growth as you move into senior roles in the field of cyber security.

The average salary for a cyber security analyst varies greatly depending on the state you live in. Oregon, California, and Nevada are the highest-paying states for cyber security analysts, while Maine, Vermont, and Montana have the lowest average salaries.

If you're considering a career as a cyber security analyst, it's worth noting that the top 3 highest-paying states are Oregon, California, and Nevada. Nevada takes the top spot with an average salary of $94,512.

Here's a breakdown of the top 5 highest-paying states for cyber security analysts:

Keep in mind that salaries can fluctuate over time, but if you're looking for a high-paying job, these states are definitely worth considering.

If you're a cyber security analyst looking for the highest paying cities, you'll want to consider Los Angeles, CA, Washington, DC, and Las Vegas, NV. These cities offer some of the highest average salaries for cyber security analysts, with Los Angeles, CA topping the list at $98,067.

The top 5 cities for cyber security analysts are Los Angeles, CA, Washington, DC, Las Vegas, NV, New York, NY, and Glendale, AZ. Here are the average salaries for each city:

Keep in mind that salaries can vary depending on factors like experience and industry, but these cities are generally the most lucrative for cyber security analysts.